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Property profile & analytics
OFF-MARKET
Residential income homes
6236 Lincoln Ave, Morton Grove, IL 60053-2987
Individually Owned
1-yr Hold
Property ID
US28-0490642
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1899
Construction
FRAME
Total area
2,562 SF
Lot
0.09 ac (4,125 SF)
APN
10-20-113-050
UPID
US28-0490642
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Krasimir Yordanor · 1 yrs held
Krasimir Yordanor
since 2024
Last sale
$419,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Morton Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morton Grove submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$12,935
Tax year 2022
Assessed value
$47,000
Assessed 2022
Previous assessed
$47,000
+0.0% YoY
Effective rate
27.52%
On assessed value
Assessed land
$5,775
Assessed improvement
$41,225
Land market value
$57,750
Improvement market value
$412,250
Total market value
$470,000
Applied tax rate
24,062.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1899
Construction
FRAME
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
4
Bathrooms
4
Total area
2,562 SF
Lot
0.09 ac (4,125 SF)
APN
10-20-113-050
UPID
US28-0490642
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1899
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Units
4
Bathrooms
4
Lot
0.09 ac
Current owner
From public records · entity-resolved
Krasimir Yordanor
Individual
Mailing address
6236 PO BOX 161ST AVE, HYAMPOM, CA 96046-0161
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2024
$419,000
Krasimir Yordanor
Daniel D Stratiev
Warranty Deed
$344,250 · Crosscountry Mortgage LLC
Sep 13, 2001
$224,000
Daniel D Stratiev
Gutierrez,salvador & Gricelda
Grant Deed
$201,000 · Mid America Bank Fsb
—
—
Salvador Gutierrez
—
Deed Of Trust
related
$155,000 · Washington Mutual Fsb
—
—
Salvador Gutierrez
—
Deed Of Trust
related
$167,000 · Bank Of America Fsb
—
—
Daniel D Stratiev
—
Deed Of Trust
related
$50,900 · Mid America Bank Fsb
—
—
Daniel D Stratiev
—
Deed Of Trust
related
$294,000 · Washington Mutual Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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